Jazeera profitable in first full year

Kuwait's Jazeera Airways said it posted an $8.7 million profit in 2006, its first full year of operations, after breaking "Middle East governments' 50-year monopoly of the aviation sector."
Jazeera, which applied for a listing on the Kuwait Stock Exchange last month (ATWOnline, March 20), reported revenue of $74.5 million on passenger boardings of 600,618. Load factor was 67%. Its first flight was Oct. 30, 2005. It now operates five A320s to 20 destinations through its Kuwait and Dubai hubs ...